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Torrance, CA Experts in Container Rental, Sales & Customization


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Southwest Mobile Storage - Best Mobile Storage & Office Containers In Torrance, CA

Southwest Mobile Storage is a family-owned shipping container business founded in 1995. Our strength for more than 25 years comes from the specialized knowledge and passion of our people, along with serving over 24,000 commercial, construction and residential customers. Our facility and expertise in maintaining, manufacturing, and delivering corrugated steel containers is unrivaled in the industry.

While the rental side of our business is regional with branches throughout the Southwest, our container sales and modification operations are nationwide and becoming global. Torrance, CA offers a wide selection of portable offices and mobile storage containers you can rent, buy or modify.

Our experts in container rental, sales and customization are committed to providing you the highest quality and best experience from service to delivery - our reputation depends on it.

Whether your need is for storage, office space, moving, multi-purpose or custom use, we've got your back. Here's how:

Storage Containers Torrance, CA

What Clients Say About Us



We bring your storage container to you for convenient, easy access at your home, business or jobsite. Plus, you'll get more choice in storage space and better security, for a fraction of the cost of a pod or add on building, saving money and energy.


Not enough room to keep a storage container at your business, home or construction site? No problem - we can store it for you. Plus, you get 70% more space and better security, for a fraction of the cost of public storage units.


Need a permanent storage solution for your business, residence or construction? We sell new and used shipping containers in many sizes with a variety of add-ons. Or customize a container to your specific storage needs with our certified fabrication experts.


Take your time packing with our moving containers. We'll deliver to your business or home and pick it up whenever you're ready to move. So, you don't have to stress about moving or making multiple trips in one day, like if you rented a moving truck.


Our moving container solutions ensure the long-distance move of your home or business is highly efficient and affordable throughout the southwest. In fact, we usually cost 20%-40% less than full-service movers.


We understand move-in and move-out dates might be different. We can store your moving container at our highly secure facilities until you're ready to move to your new home or business location, and you can conveniently access it at any time.


Whether you need a workspace, conference room, or other office requirement, our ground-mounted mobile offices meet any and all of your business needs. Plus, it's faster and easier than building additions.


If you need your shipping container to serve multiple uses, such as office-storage combos, breakrooms and even utilities, we've got you covered. We'll modify a custom container to fit your business needs and bring your business to the next level


We'll create a custom container to fit your unique needs anywhere in the US. With our container modification expertise, we make any idea a reality. From pop-up stores to multi-story structures, our unrivaled facilities and fabrication experts do it all.

You'll get your own dedicated storage and container expert to serve as your one point of contact for easy, convenient service you can trust.
With our wide selection of intermodal containers for sale and rent, you'll find exactly what you need, from size, to type and condition.
We maintain our rental fleet to the highest standard - our integrity depends on it.
Our certified, experienced Conex container modification experts have more than 500 years combined experience modifying ISO containers.
All of our containers come with high security dual-locking system for no additional charge, so you can rest assured your stored items stay safe and that you don't have to pay extra for it.
At our unrivaled 90,000 sq ft indoor fabrication facility, ensuring your custom shipping container is made exactly to your specifications.
With our level of service, quality and expertise, you won't find a better value anywhere else.
Our portable offices include lighting and electrical outlets, internet hookups, HVAC and were crafted by our in-house steel container fabrication experts for top-quality construction.

Premium Quality - High Security

With Southwest Mobile Storage, you get much more than a POD or typical Conex box. You also get high security, unparalleled service and unmatched container modification expertise and facilities. No other company offers that much.

Shipping containers and storage containers come in a range of sizes. The most common external lengths are 20ft and 40ft with a width of 8ft. ISO Containers are typically 8ft 6in tall, but high cube containers are 9ft 6in tall. We also have steel containers in a variety of sizes from 10ft long to 45ft long to rent or buy, and we can modify shipping containers into any size you want.

 Rent Storage Containers Torrance, CA

SMS Mobile Storage Containers have these high quality features:

1/8" thick steel plate bottom side rails
High strength steel supporting cross members
1 1/8" thick hardwood floor with galvanized self-tapping screws
16-gauge corrugated steel walls
16-gauge roof
270-degree swing cargo door(s)
High security dual-locking system*
Spot-grinded, primed & repainted with a beige high-grade water reducible alkyd direct-to-metal enamel*
* Comes standard on all rental units

SMS portable workspace containers have these structural features:

High security window bars, lever & deadbolt set with lock box
Studs & R-19 Insulation covered with wood paneling
1 1/8" marine board floor is covered with a durable single part gray epoxy coating
Dual pane low-E horizontal sliding windows with screens and miniblinds
18 Gauge steel polystyrene core 3-hour fire rated personnel door
All of our workspaces are manufactured in-house and arrive new or restored to factory specifications
Exterior load center operating on 100 Amp single phase 230 Volt power
Light switch, receptacles and 4' light fixtures; all wiring is Romex 12/2
CAT-6 voice and data lines with electrical junction box
HVAC units ranging from 1 ton to 2 ton on rentals; ability to customize up to 10 tons of cooling

Having flexible storage containers options is important, but security is crucial to protect your peace of mind and your possessions.

At Southwest Mobile Storage, we don't believe in leaving things to chance. We want you to rest easy knowing your inventory, documents, tools, equipment and other items are safe 24/7. That is why we equip SMS high-security slide bolt locking systems and lockboxes on our entire fleet of rental freight containers.


High-security slide-bolt locking system and extra-long lock box, giving you twice the security and peace of mind.
No holes to ensure your rental shipping container is wind and water-tight.
No rust for your safety.
14-gauge corrugated steel for strength and reinforcement.

Contact us to speak with a helpful, friendly representative to better understand our full range of capabilities. We are happy to answer any questions you have, go over pricing and set up a time and place to deliver your Conex box. Our quotes are 100% free and you are under no obligation to pay for your consultation.


When you own a business or manage one, it's crucial to have efficient, affordable ways to store inventory and supplies, whether it's to grow your business or adapt to changes in the market, like the many caused by the pandemic.

Renting storage containers to keep at your business eliminates the cost and hassles of sending your staff to offsite storage facilities. Steel containers with roll up doors make storing and retrieving items faster and easier. Auto repair shops and other businesses that need easy access throughout the workday to secure storage for tools, parts, equipment or supplies find renting shipping containers to be the best solution for their business storage needs. Southwest Mobile Storage has your back.

 Storage Containers For Rent Torrance, CA

Renting portable offices gives your business more workspace, breakrooms, pop up stores, security booths and more, without the cost and red tape associated with constructing building additions. Plus, a steel storage container fits neatly into one parking space and provides much stronger security than Pods and way more convenience than self-storage units.

If you have a specific need, we can modify shipping containers to build whatever you need to grow your business. Whether it's a portable workspace to run your business, like a pop-up container bar, or a durable facility for scientific research, like a container laboratory, or even a container gym, our unrivaled fabrication facility and modification experts got you covered. Our full-time, in-house staff of certified welders, engineers, electricians, carpenters and painters have over 500 years combined experience modifying thousands of container projects for just about any business use you can imagine.


Offsite storage alternatives cause a mess of hassles and headaches. Expanding office space and storage capacity at your location saves time, money and hassle of making multiple trips offsite.
We offer more choice in security, size and features in steel Conex boxes or ISO shipping containers than a public storage unit or Pod for less cost and far greater service.
We offer flexible, month-to-month rental agreements and prorate by the day after your first 28-day billing cycle.
With us, you get a dedicated account manager you can rely on, so you can focus on running your business than waste time with a different person every time you call that doesn't know or care as much.
While other companies may have some staff for modifying containers, most outsource the work, so you don't know who is actually doing the modifications or how much they're marking up the price.
 Mobile Storage Containers Torrance, CA
When you modify a shipping container for your business, you won't have to worry about expensive, lengthy and complicated construction.
We have modified thousands of containers nationwide and internationally for more than 25 years for NASA, US Navy, GCP Applied Technologies, Helix and Sundt to name a few. And rent containers to Amazon, Walmart and many of other nationally recognized brands.
Our extensive staff makes it possible to custom build multiple projects simultaneously and our 90,000 sq ft indoor fabrication facility prevents contaminants from interfering with fabrication, which delivers better quality and precision.


With an extensive in-house staff and 90,000 sq ft container modification facility, we're able to deliver consistently high quality and work on multiple projects simultaneously for a fast turnaround.

Other companies don't have the facility, staff or resources to modify shipping containers and will outsource the work to various shops who may not have the special experience or tools needed to modify the right way.

You can rest assured knowing your custom container is safe in our hands. Our certified weld and quality control inspectors ensure everything is structurally sound and built to your specifications through every step of the process.

Renting a moving container from us makes your move much less stressful because you won't have to rush to pack your whole house into a moving truck in one day. Instead, you can take your time packing over the course of a month.

Our ISO shipping containers are weatherproof and come with vault-like security, so you don't have to worry about theft or damage to your belongings.

You won't get that level of security from U-Haul or other moving truck companies.

Renting a storage container at your home keeps your belongings close and gives you convenient 24/7 access, so you're always able to retrieve the contents of your container when you need to.

We know move in and move out dates don't always line up. We can store your packed rental container at our secure facility until your new home is ready.

With our mobile storage containers for rent in Torrance, CA, you can save up to 40% when compared to full-service long-distance movers, while gaining more flexibility in your schedule.


We know your needs may change suddenly. With our extensive inventory and variety of sizes of portable offices and shipping containers to rent, buy or modify in Torrance, CA, we provide fast service and the best value possible so it's easy for you to get whatever you need when you need it.

Renting storage containers and portable offices from us gives you more flexibility when it comes to your schedule and options. If you don't have enough space at your current location or simply would prefer offsite storage, you can keep your rental storage and office containers at your location or ours - whichever is most convenient for you. You also get more options to choose from when it comes to size and features, like portable offices with divided rooms for private meetings or office/storage combos for storage and office space in one container. All while costing a fraction of the price of a pod or self-storage facility.

You can also buy new or used freight containers from us and choose from a variety of add-ons, including lights, electricity, doors and windows. Or fully customize a shipping container to save time, money and energy by skipping the expensive, lengthy process of constructing building additions. We can modify a Conex box into whatever you can imagine for any use you need, from construction tool cribs to office buildings, monitoring stations, mobile communication towers and much more. The possibilities are endless.


You'll never face hidden fees or surprises with us. We give you transparent billing up front at the best prices.

With us, you get a reliable, dedicated point of contact, who keeps you updated every step of the way. You can rest assured knowing you'll always get what you need, when you need it.

No other company has the breadth and depth of staff and experience that we do when it comes to modifying shipping containers. Our certified welders, engineers, electricians, plumbers, carpenters and painters have more than 500 years of combined experience in fabricating custom steel containers.

We prorate your rent by the day after the first 28-day billing cycle, so you don't have to pay for a full month when you only have your mobile containers and offices for a few days.

While other companies may be able to do small container modifications, most don't have an in-house fabrication staff or 90,000 sq ft fabrication facility like we do. As a result, they outsource the work on your custom container, so you don't know who's actually building it.

Rest assured knowing your modified shipping container will be built to the highest quality standards. Our certified weld and quality control inspectors check every step of the fabrication process to ensure everything is structurally sound and built to your specifications.


Whether you're in need of a storage container for your commercial business, a portable office for your construction site, or a moving container for your home, our process is simple and straightforward.

Choose Your Container

Choose the mobile storage solution that works best for your needs. In this step, you will let us know the number of containers you need, their sizes and what types of doors to equip.

Choose Your Options

Let us know if you would like to add any of our rental options, like a folding table or shelving.

Choose Your Security

Choose from padlocks, puck locks and other enhanced security options. All of our storage containers come standard with dual-locking, vault-like security.

Choose Your Delivery Timeframe

You can expect standard delivery within 3-5 days of your order. If you need expedited delivery, we will do everything in our power to accommodate your needs.

Pick-Up Planning

Do you need to keep your shipping container at our location? Prefer to have our team deliver your packed container to a location of your choice? Let us know, and we'll be by your side to work out the logistics.




Let our team know where we should deliver your mobile storage container for rent in Torrance, CA. Be sure to let us know if there are any special conditions that might prevent our drivers from entering your chosen destination. Before you schedule your delivery, let us know which direction you would like the doors of your container to face.



Our drivers can deliver your storage container Monday-Friday, between the hours of 6AM and 2PM local time. Our two-hour delivery window is the most precise in the industry. If you desire another delivery time outside of our standard delivery options, we will do our best to accommodate your needs. As a courtesy, our driver will call you at least 30 minutes before they arrive at your drop-off destination.



Before we deliver your Conex box, prepare your delivery area by ensuring that there are no low overhangs, arches, wires, trees or any other obstacles that could interfere with your delivery. It's a good idea to mark the space where you would like your steel container placed.



When our driver arrives, they will back our truck into the space where you would like your shipping container placed. Once we arrive, we will ensure that your container is delivered safely and securely. If placed on asphalt or pavement, we will use wood dunnage pads to make sure your ground surface is protected and the container is level.


Check out our FAQ page or reach out to our helpful customer service team today @


Latest News in Torrance, CA

New Data Study From Today’s Homeowner Exposes Black-White Homeownership Gap That is Wider Today Than During Civil Rights Era

As we celebrate Black History Month, Americans are reminded that there is still progress to be made towards Martin Luther King Jr.’s vision of equality between races.One aspect where there remains significant room for improvement is homeownership. A new data study from Today’s Homeowner with Danny Lipford sheds light on the wide and worsening gap in homeownership rates between Black and white Americans.RALEIGH, N.C.--(BUSINESS WIRE...

As we celebrate Black History Month, Americans are reminded that there is still progress to be made towards Martin Luther King Jr.’s vision of equality between races.

One aspect where there remains significant room for improvement is homeownership. A new data study from Today’s Homeowner with Danny Lipford sheds light on the wide and worsening gap in homeownership rates between Black and white Americans.

RALEIGH, N.C.--(BUSINESS WIRE)--Today, almost three in four white Americans own their home, while less than half of Black Americans can say the same. In fact, the gap in homeownership rates has actually grown wider from the civil rights movement to today.

With a newly released data study, researchers at Today’s Homeowner ask the pressing question: Are Black Americans being locked out of the American dream of homeownership?

Our team examined how homeownership has changed over time, current state-level gaps, and states’ progress towards closing their gaps. We analyzed nearly 300 cities, again identifying where the Black-white homeownership gap stands today and where the most progress has been made recently. The research team engaged experts in real estate, academia, and policymaking to help identify key historic and contemporary reasons for the persistent gap.

Today’s Homeowner with Danny Lipford, an authority in the home services space for 25 years, invites you to share our Black Homeownership Gap research findings with your readers to give them a comprehensive view of the racial homeownership gap and some potential solutions.

Here are some of our main findings:

We measured the Black-white homeownership gap as the difference between the Black homeownership rate and the white homeownership rate in a given area. These calculations were based on national, state, and city-level data on owner-occupied households from the Census Bureau’s American Communities Survey. In total, we compared all 50 states along with the District of Columbia and 293 cities with available data.

About Today’s Homeowner

Today’s Homeowner has been an authority in home improvement for 25 years. Drawing millions of monthly views, provides how-to articles, videos and expert tips for maintaining and improving the home.


Saturday, April 15, 2023, from 11 a.m. to 3 p.m. at Barbeques Galore, 18225 Hawthorne Boulevard, Torrance, California 90504TORRANCE, CA, USA, February 14, 2023 / -- The "Spring BBQ Cook-Off" event, which will take place on April 15, 2023, is announced by Barbeques Galore. The American Heart Association will receive a $1,000 donation in their honor d...

Saturday, April 15, 2023, from 11 a.m. to 3 p.m. at Barbeques Galore, 18225 Hawthorne Boulevard, Torrance, California 90504

TORRANCE, CA, USA, February 14, 2023 / -- The "Spring BBQ Cook-Off" event, which will take place on April 15, 2023, is announced by Barbeques Galore. The American Heart Association will receive a $1,000 donation in their honor during this influential barbecue cook-off, and all attendees and customers will have the option of contributing more money of their own.

At their Barbeques Galore Torrance location on the aforementioned date during the hours of 11 AM to 3 PM. The "Spring BBQ Cook-Off" event will include some top-tier grilling influences, including: Chris Apple: Chris Apple, a native of Philadelphia, is the culinary genius behind the renowned homemade rubs at White Bulls BBQ. Owner and founder of @whitebullsbbq, which was inspired by a friend's smoker and swiftly rose to prominence as one of the industry's most rapidly expanding BBQ brands.

Chuck Matto: TikTok barbecuing sensation and featured on “Fire Masters” on the Cooking Channel, Chuck Matto is a rising star in the grilling world with his enthusiastic personality and eye-catching food! The creative mind behind the TikTok sensation, @ChucksFlavor Train, Matto serves up both charm and fun with his deliciously barbecued food!

The following presenters will be honored by this magnificent event, the "Spring BBQ Cook-Off": George Lopez Brewing Co. Torrance's famous Brews Hall has teamed up with George Lopez to bring you all the fun and flavor of Mexican-style beers. Carefully developed and masterfully tested to pay tribute to authentic Mexican-style flavors, the George Lopez Brewing Co. is proud of its wide range of beers that will leave everyone happily bellowing "Ta Loco!"

Dickey’s Barbecue Pit Serving over 80 years of classic Texas barbecue, Dickey's Barbecue Pit has become one of America's largest family-owned restaurants for all things Texas barbecue. With more than 550 locations in 44 states, Dickey's Barbecue Pit stays true to its family legacy of authentic, slow-smoked Texas barbecue.

LAist believes in telling authentic stories that celebrate the lives and creativity of Los Angeles. Non-profit and member-supported, the LAist's mission is to elevate the city through great, accurate, and fact-based local news and journalism.

Free food, live music, raffles, giveaways, IG/TikTok food influencers, local small businesses, and free entrance will all be present at the event.

There will be no sales taxes applied to in-store transactions made on that day, which will add to the event's specialness. Please email Joe Acosta at if any nearby or small businesses are interested in taking part in our event.

About Barbeques Galore Barbeques Galore is the nation’s largest specialty retailer of grills and outdoor living products, established in the U.S. in 1980. We have retail stores concentrated throughout California, Nevada, Arizona, and Texas, where the sun shines often and outdoor living is a year-round indulgence. With millions of grill sales under our belt, we pride ourselves on the expert knowledge of our online customer service reps. and our in-store sales associates. They will always take the time to help you shop for the right grill for your home, business, or recreational activity. Whether it’s a small portable grill or a complete custom island we have options for every space and budget.

Joe Acosta Barbeques Galore +1 909-210-5578 email us here Visit us on social media: Facebook Twitter Instagram YouTube TikTok Other

Oil Prices Down on Concerns of Short-Term Demand Ahead of Key U.S. Inflation Data

SECTOR COMMENTARY:The energy sector is poised for a mixed-to-lower start, pressured by weakness in the underlying commodities. U.S. stocks are set to begin the week higher, amid early gains in beaten-down mega cap growth stocks.WTI and Brent crude oil are trading down as traders are concerned over short-term demand ahead of key U.S. inflation data which will provide more color on the Fed’s monetary policy. Following supply concerns caused last week, a cargo of Azeri crude set sail from Turkey's Ceyhan por...


The energy sector is poised for a mixed-to-lower start, pressured by weakness in the underlying commodities. U.S. stocks are set to begin the week higher, amid early gains in beaten-down mega cap growth stocks.

WTI and Brent crude oil are trading down as traders are concerned over short-term demand ahead of key U.S. inflation data which will provide more color on the Fed’s monetary policy. Following supply concerns caused last week, a cargo of Azeri crude set sail from Turkey's Ceyhan port on Monday, the first since a devastating earthquake hit the region on Feb. 6. Russia’s surprise announcement of their production cut in response to Western sanctions, continues to lend support to oil futures. According to Deputy Prime Minister Alexander Novak, Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023

Natural gas futures are down this morning as warmer-than-normal weather lowers heating demand in key consuming regions. The amount of natural gas flowing from pipelines to Freeport LNG's export plant in Texas was on track to jump this morning to its highest since the facility shut in a fire in June 2022, a sure sign the plant started liquefying gas again.



Chevron is considering an extension of Chief Executive Officer Mike Wirth's mandatory retirement age, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Chevron said it had agreed to sell its assets in Myanmar to Canadian company MTI, in a deal that allows it to leave the Asian country.


BP produced 1.6 million tonnes of oil in Azerbaijan in January, the energy ministry said.


No significant news.


No significant news.


No significant news.


KBR announced its Board of Directors has declared a regular quarterly dividend of $0.135 per share on the company's common stock, par value $0.001 per share, to be paid on April 14, 2023, to stockholders of record on March 15, 2023.

The Board of Directors of Vulcan Materials declared a quarterly cash dividend of $0.43 per share on its common stock. The dividend will be payable on March 20, 2023, to shareholders of record at the close of business on March 6, 2023. The new quarterly dividend represents an increase of 7.5 percent from $0.40 to $0.43 per share.


No significant news.


According to Reuters, PBF reported leak contained at Torrance, California Refinery.

According to Reuters, Phillips 66 reported flaring at Wilmington, California Refinery.


Williams announced that its Board of Directors has appointed Carri Lockhart as an independent director on the Board, effective Feb. 10, 2023.


Wall Street futures were mixed in choppy trading and Treasury yields rose, as markets continued to reposition for tighter monetary policy from the U.S. Federal Reserve, a day ahead of the release of inflation data. The dollar firmed, weighing on gold prices. European shares edged higher as defence stocks jumped on news of India aiming to triple its defence exports. Japan’s Nikkei ended lower, tracking a fall in Nasdaq in the previous session. Oil prices fell on short-term demand concerns.

Nasdaq Advisory Services Energy Team is part of Nasdaq's Advisory Services – the most experienced team in the industry. The team delivers unmatched shareholder analysis, a comprehensive view of trading and investor activity, and insights into how best to manage investor relations outreach efforts. For questions, please contact Tamar Essner.

This communication and the content found by following any link herein are being provided to you by Corporate Solutions, a business of Nasdaq, Inc. and certain of its subsidiaries (collectively, “Nasdaq”), for informational purposes only. Nasdaq makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Sources include Reuters, TR IBES, WSJ, The Financial Times and proprietary Nasdaq research.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Auto loan delinquencies are rising. Here’s what to do if you’re struggling with payments


Fotostorm | E+ | Getty Images

For a rising share of car owners, monthly auto loan payments appear to be evolving into a problem.

While borrowers who are behind on their payments by more than 60 days represent a tiny portion of all outstanding auto loans — 1.84% — their ranks are growing, according to a recent report from Cox Automotive. The share was 26.7% higher in December than the year-earlier month and is largely concentrated among borrowers with low credit scores.

“The danger of struggling to pay an auto loan is not just risking your car getting repossessed, it’s the long-term impact on all of the other areas of your finances,” said certified financial planner Angela Dorsey, founder of Dorsey Wealth Management in Torrance, California.

High prices, interest rates have led to bigger payments

A combination of market factors have pushed up monthly loan payments. And as personal savings have dwindled and persistent inflation has squeezed household budgets, keeping up with payments may become even more challenging.

The average price paid for a new car reached a record $47,362 in December, according to an estimate from J.D. Power and LMC Automotive.

Monthly payments in the fourth quarter averaged $717, compared with $659 a year earlier, according to Edmunds. The share of buyers who took on monthly payments of $1,000 or more reached 15.7%, compared with 10.5% a year earlier. In the fourth quarter of 2020, just 6% of borrowers had monthly auto payments that large.

More from Personal Finance:How to protect yourself from tax fraud and scamsWhat the Fed’s interest rate hike means for youStates are holding $70 billion in unclaimed assets

Rising interest rates also have affected affordability. The average rate paid on a new car loan was 6.5% at the end of 2022, Edmunds data shows. For used cars, the average was 10%. A year earlier, those rates were 4.1% and 7.4%, respectively.

Loan delinquencies can harm your credit score

While the auto loan delinquency rate is edging higher, the default rate is not, according to Cox. Entering default — when your lender determines you are not going to pay, usually some time after 90 days of no payments — can translate into your car being repossessed.

Yet even being too late on one payment has a negative effect on your financial life, and it can be long-lasting.

“If you’re 30 days late, it impacts your credit score,” said Brian Moody, executive editor of Kelley Blue Book.

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That’s when lenders typically report the late payment to credit-reporting firms Equifax, Experian and TransUnion.

Also, you should be aware that because your payment history is the most influential factor in your credit score — it typically accounts for 35% of it — you could see a drop of 100 points due to being 30 days late with a payment, according to NerdWallet. The longer the loan goes unpaid, the bigger the hit to your score, and that delinquency can remain on your credit report for up to seven years.

As consumers generally know, the lower your score, the more likely you are to pay higher interest rates on new loans or credit you get. Additionally, a poor score or poor credit history may cause you to pay higher premiums on auto or homeowner’s insurance and affect your ability to rent an apartment or even get a job. Employers can’t see your score, but they can check your report.

What to do if you’re struggling with auto loan bills

For car owners who are pretty sure they’re heading toward delinquency, it’s important to try preventing the problem from snowballing.

“If you sense this is coming, be on top of it,” Moody said. “Don’t do nothing. It won’t get better on its own.”

If you’re struggling to keep up because you don’t budget well, that’s at least potentially fixable, experts say. In that case, take a hard look at how you’re spending money.

watch now

“Take a look at your overall expenses for the last few months,” said Joe Pendergast, vice president of consumer lending for Navy Federal Credit Union. “You would be amazed how much the average person spends each month without realizing it.”

However, if the payments are simply not manageable, the first thing you should do is bring your lender into the loop.

“If a consumer is struggling to make their car payments, or anticipates challenges ahead, they should reach out to their financial institution as soon as possible,” Pendergast said.

The sooner your bank or credit union is made aware, the easier it is to come up with possible solutions.Joe PendergastVice president of consumer lending for Navy Federal Credit Union

“The sooner your bank or credit union is made aware, the easier it is to come up with possible solutions,” he said.

While the options vary from lender to lender, you may be able to get a deferment — i.e., a few months without a payment — or a new loan that lowers the payments by stretching out the length. Either way, be aware that this generally would lead to paying more in interest, noted Moody of Kelley Blue Book.

However, a deferment would at least give you time to figure out how to best manage your situation, he said.

For example, you could sell your car with the intent of buying a lower-priced one — or, perhaps, even going without one if you have other transportation options. Just be aware that depending on how much you owe on the loan, the price you get for your car may not fully cover your balance, which would mean you’d still owe the lender money.

There may be a similar value gap if you opt to trade it in. While trade-in amounts have been relatively high due to used-car values being elevated, that is changing. The latest inflation reading showed a year-over-year drop of 8.8% in used car prices.

And if the amount a dealer is willing to give you is less than what you owe on the loan, you will either need to pay off the remaining balance or roll it into your new loan. This so-called negative equity averaged $5,341 in the last quarter of 2022, Edmunds data shows.

“None of these [options] are ideal,” Moody said. “They are all under the heading ‘better than nothing.’”

Guilford's Breakwater Books for sale, inventory included; owners seek buyer to keep bookstore open

This is a carousel. Use Next and Previous buttons to navigateGUILFORD — For only the fourth time in 50 years Breakwater Books, the town’s only independent bookstore, is for sale.“We are not closing the bookstore,” said co-owner Paul Listro. “Rather, we are finding a new buyer for it.”While the owners rent the space, they are selling the entire business, plus the remainder of their lease.“We’ll hold onto it until that happens,” he said. “We are really in n...

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GUILFORD — For only the fourth time in 50 years Breakwater Books, the town’s only independent bookstore, is for sale.

“We are not closing the bookstore,” said co-owner Paul Listro. “Rather, we are finding a new buyer for it.”

While the owners rent the space, they are selling the entire business, plus the remainder of their lease.

“We’ll hold onto it until that happens,” he said. “We are really in no rush. If this takes months or even another year, that’s what we’ll do. We’ll not close it.”

The store is a centerpiece in downtown Guilford. Large plate glass windows showcase books of all sizes, shapes and colors and offer a view of the action in center of town and the green.

Inside the 1,500-square-foot shop, tables and shelves hold an array of tomes. Chairs are scattered around, inviting visitors to sit and enjoy the quiet atmosphere.

A cozy nook in the children's section, complete with two bright blue papasan chairs, is a perfect spot for children to stop and enjoy a book.

“There’s something intimate and neighborly and friendly and resourceful about that bookstore and I love it,” said the Rev. Mary Anne Osborn, a priest at Guilford’s Christ Episcopal Church, across the green from the bookstore.

Listro and his husband, Richard Parent, purchased the store in 2019 from Liza Fixx. Previously, the store was owned by Maureen Corcoran. The original owners, Marion Harold and Marion Young, opened the store in 1972.

“Some life changes have come up that require more of our attention than we could allow while still giving the time that the store requires,” said Listro.

The couple will keep busy after the sale. They both have other professions; Parent is a media attorney and Listro is a media accountant.

The decision was not an easy one.

“We’re sad … we love the store. There have been tears in these discussions,” said Listro.

Listro recalls going to the bookstore while growing up in East Haven.

“I still pinch myself, often, that it’s now ours,” he said. “It means a lot to us and we’re going to have a very thoughtful and deliberate search to put the right people in there.”

The couple will remain at the helm until they have “the right buyer, but also the right buyer who can succeed and improve,” Listro said.

The couple has residences in both Branford and New York City. They are selling the store on their own and although they declined to share the sale price, but they did give some insight into the financial end of the sale.

“A reason we waited (to sell the store) until the end of the year was just to get one more solid calendar year behind us to be able to show a good average performance for prospective buyers over those three years of our sales and profit,” Listro said.

There are three more years on the current lease, which will transfer to the new buyer.

Since purchasing the store, Listro said he and Parent has made it more profitable. “In spite of COVID we’ve had three solid years,” he said.

Their marketing strategy was to “just buy more books and to be very thoughtful about what we thought the community would like, what we like and what would bring people outside the community to the store and that worked,” Listro said.

Osborn has been a loyal Breakwater Books’ customer since she moved to town 12 years ago.

She said she appreciates the personal service at Breakwater Books.

“I particularly love that they will order a wide variety of books, particularly in my instance, because I am an Episcopal priest, I tend to order sometimes some obscure kinds of theology books by nontraditional printers and presses,” she said.

“They will do their best to find those books,” she said.

This avid reader also appreciates the diversity of the books offered.

“They’ve added a LGBT section, which is really good,” she said.

The owners posted the sale in a couple of trade publications at the beginning of the month and were not quite ready to make a public announcement.

A member of the Facebook group Simply Guilford, CT picked it up and posted it on Saturday, Feb. 4, “which opened the floodgates,” Listro said.

This social media announcement turned out to be fortuitous.

“We’ve gotten 12 interested parties since then,” Listro said. “There’s a lot of interest, which is great.”

“Most of them live in Guilford,” he said. “We have an interested party from Torrance, California, a couple who are moving back to Connecticut. They own a bookstore, have owned a bookstore.”

There was also a myriad of Facebook comments from townspeople worried about the future of the beloved bookstore.

Osborn talked about the importance of the store in the center of town.

“I love that I run into people from town there and we can exchange ideas about ‘What book have you read?’ ‘What do you suggest,’” she said.

“It’s such a sensual pleasure to go in and see all the books, be able to touch them, turn the pages, talk to the people there, ask them what they recommend,” she said.

Listro and Parent appreciate the community support.

“The outpouring of love from this town has meant everything to us,” Listro said in a quavering voice.

“It’s been quite an experience,” he said. “We worked and work in a very tough industry, the media industry, and to spend three years having strangers — and then soon friends and neighbors –— constantly coming to the door telling us how grateful they are, it’s almost overwhelming.”

“That meant a lot,” he said. “It’s made it hard to make this decision because we didn’t want to let anyone down. Everyone liked us and it’s hard to walk away from that, but life has changed.”

They also foresee having time to relax.

“We will be doing a lot more reading,” Listro said.

“I’ll probably get more reading done after this than I have during the three years,” he said. “But that’s okay, because I know where to go to buy my books because we’re going to find a great owner and they’re going to see us often.”

Breakwater Books, 81 Whitfield St., Guilford, 203-453-4141,;; Facebook Breakwater Books, Instagram breakwaterbookstore.


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